The Most Expensive Stores in Singapore

Graff at Marina Bay Sands holds the highest Average Price Tag (APT) at $195,000, followed closely by Patek Philippe (Cortina) at ION Orchard with an APT of $158,000. Both boutiques carry extraordinary high jewelry and grand complication timepieces, with individual pieces reaching well into seven figures.

Yes, tourists can claim a refund of Singapore’s 9% GST through the Tourist Refund Scheme (TRS). To qualify, you must spend at least SGD 100 at a single retailer in one day, obtain an eTRS ticket at the point of sale, and claim the refund at Changi Airport before departure. The refund is processed electronically and can be credited to your credit card or received in cash.

Singapore’s top luxury malls are ION Orchard (the premier luxury destination on Orchard Road with Patek Philippe, Van Cleef & Arpels, Cartier, and Chanel), Marina Bay Sands (home to Graff, Richard Mille, Audemars Piguet, and the Louis Vuitton Island Maison), Paragon (featuring Gucci, Prada, and Burberry), and Raffles City (a historic shopping destination in the Civic District).

Orchard Road remains Singapore’s most iconic luxury shopping street, anchored by ION Orchard and featuring Hermès at Liat Towers, Dior, and numerous other prestige brands. However, Marina Bay Sands has emerged as a strong rival, particularly for ultra-high-end jewelry and watches. The two districts complement each other, with many serious luxury shoppers visiting both.

The Louis Vuitton Island Maison at Marina Bay Sands is one of only seven Island Maisons in the world and the first in Southeast Asia. Designed by Peter Marino, the standalone crystal pavilion floats on the waters of Marina Bay and houses an exclusive collection including made-to-order luggage, high jewelry, and limited-edition pieces not available at regular Louis Vuitton stores.

Both cities are premier Asian luxury destinations, but they differ in key ways. Hong Kong is a duty-free port (no sales tax at all), while Singapore charges 9% GST (refundable for tourists). Hong Kong has more stores overall (58 vs. 42) and a higher average APT ($58,000 vs. $44,000). Singapore offers a more curated, modern retail experience — particularly at Marina Bay Sands — and is often considered more comfortable for first-time luxury shoppers.